-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 ESRJYprRCQ+WG8gKwPWec81Z5oe/9b/v36ks16Y4enbvcyjpRs6AMi+86zXPSwHH
 PXioKmTIn4VD8NqDWA4QWg==

<SEC-DOCUMENT>0001179110-04-016076.txt : 20040809
<SEC-HEADER>0001179110-04-016076.hdr.sgml : 20040809
<ACCEPTANCE-DATETIME>20040809164939
ACCESSION NUMBER:		0001179110-04-016076
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040809
FILED AS OF DATE:		20040809

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WPT ENTERPRISES INC
		CENTRAL INDEX KEY:			0001283843
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
		IRS NUMBER:				611407231

	MAIL ADDRESS:	
		STREET 1:		1041 N. FORMOSA AVE.
		CITY:			WEST HOLLYWOOD
		STATE:			CA
		ZIP:			90046

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lakes Poker Tour LLC
		CENTRAL INDEX KEY:			0001298606
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50848
		FILM NUMBER:		04961936

	BUSINESS ADDRESS:	
		STREET 1:		130 CHESHIRE LANE, SUITE 101
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55305-1062
		BUSINESS PHONE:		952-449-9092

	MAIL ADDRESS:	
		STREET 1:		130 CHESHIRE LANE, SUITE 101
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55305-1062

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LAKES ENTERTAINMENT INC
		CENTRAL INDEX KEY:			0001071255
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-50848
		FILM NUMBER:		04961935

	BUSINESS ADDRESS:	
		STREET 1:		130 CHESHIERE LANE
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55305
		BUSINESS PHONE:		6124499092

	MAIL ADDRESS:	
		STREET 1:		130 CHESHIRE LANE
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55305

	FORMER NAME:	
		FORMER CONFORMED NAME:	LAKES GAMING INC
		DATE OF NAME CHANGE:	19980929
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 3 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2004-08-09</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001283843</issuerCik>
        <issuerName>WPT ENTERPRISES INC</issuerName>
        <issuerTradingSymbol>WPTE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001298606</rptOwnerCik>
            <rptOwnerName>Lakes Poker Tour LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>130 CHESHIRE LANE, SUITE 101</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MINNETONKA</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55305</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001071255</rptOwnerCik>
            <rptOwnerName>LAKES ENTERTAINMENT INC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>130 CHESHIRE LANE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>MINNETONKA</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55305</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $.001 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12480000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Shares held directly by Lakes Poker Tour, LLC and indirectly by Lakes Entertainment, Inc.  Lakes Poker Tour, LLC is a wholly-owned subsidiary of Lakes Entertainment, Inc.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Lyle Berman, CEO of Lakes Poker Tour, LLC</signatureName>
        <signatureDate>2004-08-09</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Timothy J. Cope, Chief Financial Officer</signatureName>
        <signatureDate>2004-08-09</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----